I worked for HMRC in the late 80's and I dealt with local self employed people/businesses. You're bang on to say that you knew who was trying to pull a fast one and who wasn't. 80% of people were decent and paid their fair share. 10% skimmed off the top as they say and the remaining 10% took the p*ss. One contractor I met face to face screamed in my face about how little he turned over blah blah and I watch him leave the office and jump into a brand new sports car FFS! The system is screwed and HMRC are incompetent. Take a look at the Loan Charge debacle. Thousands have had their lives destroyed by HMRC's retrospective taxation built on a lie resulting in 11 people taking their own lives. Imagine that....our government have no issue with ordinary taxpayers killing themselves, going bankrupt and losing homes to grab a few quid despite billions walking out the door due to their own failures and mismanagement.
Your story is appalling. All the judges and most lawyers then were public school old tie. Today the law reporting is very good and a judge wouldn't get away with it. The younger lawyers who came along were also a lot better. The problem is that since 2011 the Tories closed over half of the courts which led to impossible delays which produces its own injustices.
Yes, one of the First things the Tories did with Austerity was close all the local Tax offices back in 2010ish. Little wonder white van man loved the Tories. One of many things that broke our Economy, and raised a middle finger to "we are in this together".
You'd be correct if peoples fare share was fare in the first place. It's like saying I line up every morning for a kick in the nuts but this guy found a way to avoid it so now you angry.
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one The new government may or may not begin to tackle it, we shall see, Am thinking positively.
Why would they dismantle a system that enforced tax liabilities? Why would they also not have a reporting structure for fraud? And: Because they don't want to know.. .. This also allows the undeserving enrichment of people not entitled to public money.
UK government are definitely competent, just not when it comes to running the country or understanding how government finances work. They're competent at skimming and scamming from the nation whilst blaming those least able to fight back.
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one The new government may or may not begin to tackle it, we shall see, Am thinking positively. Both incompetent and ceorrupt! (too early to make decisions so early with Keir even with the bad, because 14 years of entrenched establishment and powerful lobbies and interests are involved and fearing being outted), why the media is/ will turn on him often if they can otherwise will concentrate on promoting reform/ tories, to get more power, remove from ECHR, bringing in a type of fascism, which will likely result in conscription and w4r . Kind regards.
If a Government dies sense a responsibility to the whole nation beyond their own term of service. If a government is collectively narcissistic, then incompetent and corruption is inevitable.
@charleswillcock3235 - It's not just this Labour government. We have had incompetent government after incompetent government. We've had poor governments and poor governance stretching back years and years. This is far from being a new thing.
UK is an aristocracy. We like to pretend aristocracy is history. Meanwhile Boris Johnson, famous buffoon and NATO errand boy, is an aristocrat. As was Churchill. And those who aren't aristocrats are servants of those who are. UK has a feudal era class system. And an industrial era class system laid over top, as described by Marx. Like UK, US is an oligarchy and a plutocracy - rule by a few rich people - but it does not have the same feudal baggage, notably as we return/advance toward 'techno-feudalism.' I can tell UK is going to be a world leader in that category
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one
One only has to look at policies and expenditure for COVID to realise the Political part of Government were enabling wholescale fraud and personal enrichment to realise why you can't always expect Governments to actually put in place sufficient resources in combating fraud.
In 1962 at Bath Technical College I sat through the Bath Court proceedings. Two labourers had taken a motorcycle gone around the block & returned the motorcycle. They were given a two year prison sentence. We had a Public School Boy who commited a long line of frauds with a series of unpunished offences before this. The Judge sighed shook his head then let him off with no sentence of any kind. It is a pure expression of our Class Society from working around the world I can tell you is the worst in the world. Possibly India is worse?
This bias goes way back in history. The Wine merchant involved in the peasant revolt Got a pardon while all the other perpetrators got hanged... We should just refuse anymore tax rises. Until government respect the obligations of high office.
I reported back in the 1980s about south Wales magistrates fineing garage workers twice as much as office staff for the same offence. Nothing has changed
Many years ago I was involved with contracts being issued for various refurb jobs for the public sector. I questioned why the bids were as much as 20% higher compared to private sector. I got a shrug of the shoulders. Years passed, I moved jobs and happened across one contractor and asked the same question. Well, says he, what has to be factored in is my efficient use of my workforce and planning for the job that gets screwed over by Council Officers. There's the constant changing of plans, the movement of job start dates, the failure to find the right person who has keys to premises and assessors with the wrong paperwork/none who order the job stopped until they get themselves sorted. I add 20% for their waste of my time. This is where your taxes go...incompetence.
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one The new government may or may not begin to tackle it, we shall see, Am thinking positively.
A bid system is inherently inefficient and costly. If you have to make ten bids to win one contract, you have to build ten estimates into the price. Most large contracts are won at below cost- the profit is on the poor specification of the job- lots of extras. Ten billion for an IT system for the NHS is bad- that it had to be abandoned because the spec did not meet the need is worse.
I was a electrical foreman involved with working with local London councils in the early 80s I totally agree with what you said, and strangely enough the Labour run councils were the worse
That's the reason Xi Jingping has a 90% approval from the people. He stamped on corruption and I mean stamped. They say the invoice for the bullets were sent to the families of those found guilty. Just recently a very powerful CEO was jailed for life and he's not alone.
Yes but then, government couldn't raise taxes because the people would say, your incompetence and wasting money, go find some savings... .. All this about a 22 B black hole is just nonsense.. There are so many ways to avoid what is due..except for PAYE...
In computer security - some say "if you business spends more on coffee than security then they are going to get hacked.... and what's more - you deserve it!!" When my brother was dying of cancer the DWP were far more concerned looking for fraudulent benefit claimants than wondering why many companies will never pay corporation tax post 2008.
Its the classic productivity mistake of implementing a top down organisation and IT restructure to replace people, for 'cost savings', when IT should have been deployed to enable the existing 'bottom up' structure you experienced in your early career Richard. Sadly typical of most British, public or private, improvement programs, which we seem to be incapable of learning from.
People weren't listening, Was trying for years to bring attention to all of this. Minority had learned and but is leaving/ left here. There is a mass now of traumatised people that will look to support the right/ fascists. This is the biggest issue Britain is facing by a long mile.
@@nickthurn6449 A lot more than 10x! The benefits that are gained through the damage corruption has and can cause here could be as much as BILLIONS being made for a 20k donation!
Ludicrous that Rachel Reeves "had to" cut the Old Age Pensioners winter heating. Who does she think she is conning? Absolute peanuts from a national perspective.
What's that gotta do with fraud? I look after my neighbour, he wasn't bothered, like a lot of old people, he knew the value of saving, he also had a good working history, and concomitant pension. If a pensioner is in receipt of pensions credit then they'll automatically receive it, therefore nullifying any idea that poor old computer illiterate pensioners are going without. With the triple lock, and frankly, intensely selfish voting in of Tories for donkeys years, and the rise in housing market this idea of penniless pensioners is a myth. The block I live in, in a very deprived part of a northern city is over 45's, mainly retired, the older folk are far better off. It's people 20 years my junior who can't afford anything, who are paying ever increasing amounts in rent etc.
Wondering if had to try to show some evil people that they are on their side after lying and manipulating media moguls, its not easy, Keir has/ had to play the game. All very interesting and tricky to decipher their plan and intentions. They are much smarter than the previous government and the media moguls, etc. Lets try to think positively and enjoy the show. ! Love
@Misaki.Manifestation always good to try and think positively however don't forget it when people lie on their CV. That's basic , absolutely basic and to me unforgivable.
@@Misaki.Manifestation Please don't tell me you think Starmer is playing 5D chess and that, in time, the membership can "push him more to the left!" Starmer lied his head off to get where he is and because people were so desperate to get rid of the Tories, they voted Labour anyway! Now we have the result! A party that is one of the most hated in history after only 5 months. A party that has chosen to pick on pensioners and keep kids in poverty. A party that is busily privatising the NHS. A party that is keeping austerity. Please don't be so naive.
@@stephendavis5530 Maybe they could not go straight to the heart of things initially due to such entrenched power due to the tories and what they did. Am agreeing with you, and am going round in circles trying to decipher truth... Am with you brother. Lets (all) do our best to try to amagine a more beautiful and hopeful future ! We are on the same wave length, am would love to hear more knowledge and speak with those that know, and care like we do
@@stephenkelly2779 Scotland probably gets about 50% of its money back. At least 50% of the money Westminster "say's" Scotland contributes. IF we had total honesty from London and a reasonable economy from Westminster decisions Scotland would not actually need independence but since we have had neither of those things since the "Union" came into being Scotland needs independence NOW.
A load of rubbish on all accounts. I worked in the oil industry up in Scotland back in the 80s. The American teqnology and investment was required to build the oil platforms and their experience. Labour mostly came from around the UK.Taxes and WW11 debts were paid off from the revenue and the remainder to pay for UK loan debt from the Bank of England etc. Before the oil boom of the late 70s Britain was in dire straits. Scotland could not survive without the UK economy and major oil contracts being awarded up in Scotland to the oil fabrication company's.The Scottish Government have a checkered history since devolved powers it's had in Edinburgh.iI's had control of the NHS, Capital spending and revenue collection. This is why they lost a general election and most SNP got booted out of Westminster Parliament. A complete waste of time and a corrupt party. Nicola Sturgeon and her husband for one. At least Alex Salmond had the balls to call his party out. RIP.@@scottyfive4319
The real rason the ERG group within the Tory Party pushed for Brexit to happen. The EU introduced new rules around offshore finances in the run up to the Referendum.
@@michellebyrom6551 Membership of the EU, and the EEC was a bone of contention in Britain for decades. There was little support for joining and people voted to remain in 1975 because there was a widespread feeling that it should be given a fair chance and could improve. Unfortunately it never has. The ERG was never as influential as you imagine.
@@soutteruk1 No one can, and it is very hard to decipher this governments true intention underneath the neoliberalism lite... They may be ... trying to change by being manipulative because they have to deceive the media and entrenched power. Lobbyists, insitutions etc etc
Heard the Government is to set up a Covid corruption inquiry....the lawyers can order that latest Tesla....M.Mone can breath a sigh of relief now it is out of the hands of the Police...and finaly 'lessons to be learnt'.
Your videos just get better and better. You’re just saying what we are all thinking and what we can all see. Please do a video on Freehold and what a scam that is!
I think you are mistaken. Leasehold is the problematic land tenure, not Freehold, which is held free of any charges to a landlord and can only override by The Crown. Not knowing that is strange, as anyone buying a home would know the difference. And it leasehold is not a tax, but rent for the right to occupy and use land for a limited time. It's a form of subletting a freehold owned by a landlord. Is it a scam? Not really, if the costs are fair. But the lack of mechanisms to challenge assessments and to ensure that the landlord fufils his obligations under the contract creates the possibility for extortion. Also, the sums demanded to extend or renew leaseholds when close to the end of their duration can be onerous, and are not open to challenge either. But should leasehold be dispensed with, or should it be reformed or replaced? These are reasonable questions, and they have yet to be tackled. Property rights are a tough nut to crack, because it is potentially amending principles of ownership of land, the most protected form of property everywhere. Good luck with that.
@@CuriousCrow-mp4cx Freehold is when someone owns an entire property. Leasehold is when you own the property on the land, but not the land itself. That’s owned by a landlord charging an annual rent, for doing nothing, rent which increases once every 10 years, and landlords often double the rent! That’s a scam.
Direct intention and these types of people are generally low IQ, so obvious incompetence, and traumatised from being groomed for Politics to serve wealthy elite.
As previously commented, if the City of London hadn't wanted brexit, the narrow Leave victory would have been characterised as a freak moment or aberration (as it's now proven to have been) and a way to overturn it pursued with greater effect.
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one The new government may or may not begin to tackle it, we shall see, Am thinking positively.
Brexit also was too easy of a fast one for them. It is concerning how gullible and unaware too many English appear to be nowadays. No judgment or offence intended. Unfortunate truth that is not seeming to change much, if you see how popular the reform/ tories are already after slight counterattacks from the establishment/ hegemony and pals in the media and institutions.
@@indricotherium4802do you think the Brexitus result was an aberration then?.. I think with hindsight, a minimum ~65% majority threshold would have made the vote more decisive. 48/52 is not decisive..
@@stuartd9741 : yes but an aberration in the sense that on another day a month or two earlier or later and with a factually informed debate and a better referendum question, the result would have been different. Arguably even having the referendum was an aberration - mountains were moved to block the occurrence of a second one.
This is why I believe that the UK’s GDP is greater than calculated. From my experience everyone I know is working harder, producing more, but their incomes have not increased proportionately. Therefore, the low rate of productivity is not due to workers being unproductive, it’s due to money evaporating from the economy. Some of it is syphoned abroad, often through shell companies and tax havens, due to the UK’s lack of capital control, and some of it is pocketed and not claimed as income or profit to avoid tax.
Thanks Richard for some plain common sense. I did accountancy when I was young. I have believed for a long long time that both national and local government lose and waste a great deal of money. Politicians and civil service staff are too slack and what money they recover tends to come from petty offenders who are easier to catch. When a business magnate openly confesses that his cleaner pays more tax than he does it speaks for itself doesn't it.
This points to deliberately contrived chaos or to put it another way "in chaos there is profit" and to be blunt the more chaos there is the more fraud goes undetected, there has been no such thing as "doing the right thing" and paying what you owe.
For lost of VAT and PATE, there should be a system in place to prevent it. Centralizing all the receipt issuing with VAT tax, withhold the VAT through card/bank system, all these could help. In Taiwan, they have lucky draw on the VAT receipt to encourage people to paid in electronically rather than cash to avoid that VAT.
Unfortunately removing cash from the economy, which will happen in your example, harms huge numbers of society. People in abusive relationships are often controlled by money, cashless systems enable abusers to track the victims movements. Mentally disabled struggle to manage their finances when everything is digitalised. Those with low incomes find it easier to budget when they use cash. Homeless people would struggle even more without people giving them cash for food and warm drinks. There are better, more society friendly methods of ensuring tax is collected fairly with working anti fraud systems over viewing that process.
When I worked in IT, before I retired, I asked one of the senior project managers why government software contracts had such poor outcomes - financial over-runs and ineffective / unusable software. He was quite clear: they keep changing their minds after the work has started so eventually they finish up with something very expensive which is almost useless.
If government was a Companies' House wold be after them. No wonder you say they do not govern. As a retired counts office manager and mentor of several generations of young accountants, I totally agree with your summation. I also had an uncle who was in charge of a local tax office. He was an ex WWII petty officer and was a legend locally for fairness, but was as straight as a die with people.
Good men ! Thank you for your service. May the government keep the cabinet stocked full of good men such as ourselves- those with true golden intention and the highest levels of competency in their specific roles!
So I have been fleeced with all the taxes imaginable and paid every penny due over 44 years of working, yet these tosssers get away with it. I’m sick to think I would probably have enjoyed the fruits of my hard work much more had I broken all the rules! Sickening
As you say, you have to want to know. That sadly, is the last thing crooked politicians and their cronies want to know, because the focus would be on them.
I agree with everything in Richard’s presentation. It is perfectly acceptable for a business to reduce its tax liability. A good accountant would keep the IR advised. I’ve never had a problem with the IR.
As I understand it, HMRC use very good heuristics to spot abnormal behaviour and to investigate it. With the advent of affordable AI, i would expect it to be applied to finding fraud. I think we also need to look at what sort of fraud it is. A person on benefits who does a cash in hand job once in a while, is a different level of fraud to someone making millions out of thousands of claims as a business. Someone living a millionaire lifestyle on the back of fraud versus someone living on next to nothing.
If there are critically placed interests driving a nation irresistibly towards corporatocracy, what is the chance they would simultaneously fine tune to ensure an intelligence-based and highly efficient tax collection system also operates?
I contacted the serious fraud office and there just not interested in any investigation under 10m that’s how busy they are, but this is not recent its been like that for 20yrs so why is it not 10x larger ? Now Imagine a private company given a license to investigate and fine fraudulent persons or companies and a power of seizure i bet it could stop and capture a large portion of the problem.
Tax officers are like the police. They have specialists and employ forensic accountants. Thus, the nose for problems often proceeds the brain for detangling them. You need boots on the ground to do inspections and to know both the accountants and the businesses. And the tax inspectors should be highly trained and highly resourced too.
What you say is so true, accountabilities are needed in government most of all. Councils not posting accounts on time and now this, we should be saying, these two areas must be resolved as decisions are made on tax that should be verified before the public pays for politicians' whymms
@@tlangdon12 The choice is above the silly choices of weak and cowardly men who trade love and connection, for money, status, and powerfully ill health.
I've seen something similar in adult education locally. The council used to have part-time "community champions" across the city who knew their community and would help connect people to the services they needed. We had waiting lists for our Maths & English classes. That all stopped, and they were replaced by a central team of four full-time people, soon reduced to one person. A lot of local people were angry about it, and the central team/person couldn't possibly know all the communities like the champions did. Now us tutors are expected to do recruiting (which isn't in our skillset) and we struggle to get enough learners to even run the classes, while people who could really do with those skills don't even know that the council provides the service at no cost to the user. So short-sighted.
Thanks Richard. Those of us who pay Caesar what belongs to Caesar have a clear conscience and don't need to look over our shoulders. Sadly, altering structures would reap tax rewards, yet this, as you state, is not a priority or undesired. How refreshing it would be to have a modern government that governs and not this perpetual medieval relic of a system. Surely, rather than bear the load, eventually, some that would be honest will turn to the dark side. Then where will we be?
If you combine this with the annual losses incurred by Brexit, then the UK is losing more money each year, than any other country on the European continent; by a long way.
Have to be honest. It may be time to plan to leave here just because the media influence over the masses is too effective at manipulating the disillusioned masses into supporting those against their interests - and with dangerous intentions with deadly implications , right now.
There's a much larger picture regarding Brexitus. Wed be in a similar state of affairs if we were still in the EU..yes goods transport and travelling have been hit, bit business will continue & just add the extra costs to the customer..
In the “good old days” I used to take my accounts to the local tax office so I could get it right. And the tax officer also helped me to make justified tax claims. Now I often get it wrong, because the online system is complicated and I’m not a wizzkid with accounting.
We used to have Payback Teams in local police stations to fight crime by following the money. Now we don't have local police stations but we do have regional hubs... 🙄
If the government is susceptible to fraud, then it indicates that they have no capacity to make effective policy! But then we need to get to what is the government and how is policy made and by whom? What it’s telling me is that government does not have a due responsibility to, or dependence on, the people, which is a requirement for effective government!
I disagree. The potential for fraud isn't dictated by policy, but how the policy is implmented. It seems that neither the goverment nor the civil service has been paying attention to the prevelence of fraud, and don't know how to implement policies in a way that prevent fraud from the outset.
@ You have to make effective policy before you can implement effective policy, and there must be feedback control to change the policy to more effectively achieve the purpose. Furthermore, the policy is implemented as those who make the policy determine, those are not two separate, and independent, functions, that’s why it says in the Constitution of the United States that the President “shall take care that laws are “faithfully” executed, which doesn’t mean that the laws are implemented in a manner that suits the President, but in a manner intended by those who made the law, and if the President, or the executive department tasked with implementing the law, does not understand the intent of the law or how it is intended to be implemented, the they must ask Congress for clarification, then once that clarification is provided those policies are implemented as instructed! Government must be single purpose, there cannot be different departments working at cross purposes to implement their own agendas!
By the end of the tax year 2024/5, the UK Exchequer will receive around £1 trillion in taxes, but will spend around £1.1 trillion, a current deficit of £100 billion. So the National Debt gets even higher, year on year. It's a simple fact that any business which deals in cash is more likely to be able to engage in fraud than one where transactions are done in the form of BACS and money transfers between suppliers and customers, where traceability of the accounts is far easier.
I think the level of cost for insolvency, both personal and corporate, would shock people. At the end of the day, the state is ultimately responsible for all private sector default resulting from bank lending.
It’s all about priorities, when it comes to benefit payments they appear to know the exact fraud figures! They also know the extent of this mysterious economic black hole!!!
It's not about collecting more taxes overall, it's about making sure some people currently paying their taxes pay less. Collecting more taxes would actually be bad for the economy because too much money was removed from the economy
Does this fraud include our fraudulent immigrants and their associated costs? Does it include foreign aid and basically the backhanded that provides? Does it include our fraudulent bankers and their subsidiaries?
All I can say is that the last few videos you have posted indicate that we are being governed by political parties and a civil service that are completely unfit to look after the nation in any meaningful way this fact fills me with dread as to what the future holds for us collectively
We would better off with the iron lady today no more illegals that's for sure they would go straight back to France thus saving about £ 7 billion overnight.
@@EvoraGT430 Never. People should learn from history, not forget it. Perhaps you weren't directly affected by her governance but many of us still alive today were.
The daily mail is forever banging on about benefit fraud and, for some reason, is not at all concerned about tax fraud despite that chasing after tax fraud would collect 4 times more back to the coffers.
Real focus on fraud and taxes on wealth would transform UK Public SERvices and lift tax thresholds!! National Audit Office needs strengthening and used more frequently. Audit commission to return to audit Council Taxes!
Offer the private sector 10% of recovered fraud money (£6bn) & all the access to systems they need to investigate fraud. Job creation, a deterrant to those undertaking such fraud & no cost to government. Look at how lucrative private parking companies are.
It's been ridiculous, in your face levels of corruption for many year hasn't it, Britain has not many real eyes, and but too many "I's", "Me's" and "My's", etc! Too many uncaring now, too many ego's and low vibrational energies within masses of people , unfortunately :(
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one The new government may or may not begin to tackle it, we shall see, Am thinking positively.
I feel also that it is important to have a quality qualified with integrity and responsible to carry 7:34 out the Economy of the country and for that reason we need an efficient Accounting Department to control the Economy.
Define fraud. The wealth transfer facilitated by subsidising non existent markets. e.g. subsidizing the buyer to make the purchase more attractive , subsidizing the manufacturer to produce, artificially creating demand. Remove the subsidies and the demand collapses but someone has made money at the tax payers expense.
The rot was epitomised by Cameron using the word efficiency to mean austerity. Austerity was (and is) inefficient by its very nature. Cutting costs means stifling investment and usually reducing service or quality. Centralisation also kills local service and economies of scale often mean reduced service. We need a larger state.
Government can’t spend gdp that is company profits your wages etc it as around £1.2 trillion to spend , nhs n dwp take £500 billion doesn’t leave much to run a country
There seems like a lot of things you worry about... Given that all money flows are now trackable and traceable, the fundamentals of a companies accounts should be verifiable. Another step is to make directors personally accountable for any unpaid tax from collapsed companies- would concentrate the mind...
@@tlangdon12 That would defeat the principle of limited liability companies. What makes tax debt different? Debt to the government is the only type you can go to prison for...
@@Tensquaremetreworkshop While making the directors personally liable would defeat the purpose of limited liability companies, I envisaged that they would be liable for the debts when they were culpable, and not if the failure was caused by something beyond their control. If directors are allowed to behave in a reckless, cavalier fashion they will do so. There has to be a sanction.
This is going to be unpopular. Fraud is not a behavioural problem. It’s about identity and values. Tax raising implies we are participating in contributing to a Nation State. If you are proud of that state if you feel confident in your leaders, if you have children and want their lives to be better then imo you are more likely to pay tax voluntarily. If not why should you? Only through coercion. The cost of coercing a population effectively will cost a lot eating into additional tax raised. In the end coercion will always fail. Further, unless one adheres to some form of personal standard about accepting that it is your responsibility to pay tax voluntarily then society fails. Not everyone but I suppose a critical mass. In a secular society that is cynical about ideas of national building there is no framework for developing ideas about responsibility. This does not mean we don’t help those that can’t help themselves. In fact collecting the tax demanded should allow for a more secure social safety net.
And what I find strange. We are supposedly a civilised country, based upon _the rule of law_ .. Most people are civilized and pay their taxes. But if some people & businesses can "game" the system to pay little or no tax then why should we? .. In S some severe government policies, like the poll tax or the fuel protests of 2000s clearly indicate how disenfranchised people felt.
Paul Hawes, a late friend, used to take a daily walk around the company he worked at as head of IT. By doing so, he said two things happened: the IT system he managed will always work because he heard the complaints of the staff at the sharp end; the second was everyone knew he was approachable. His point was exactly as this video states: you can not put a value against physical human presence in any system (especially IT in his case). He and his small coding team took a genetics business that was loosing millions a year undertaking genetic testing for agricultural screening of disease to one making millions profit in under 3 years by designing a system that worked for every part of their process. It was a pleasure to watch and see at work. (For completeness, the idiot management lost the corporate advantage in about an hour due to their vanity - a single photo shoot of the labs, which none of the IT or lab staff knew about or approved, meant the world saw the exact equipment spec. The parent company sold asset parts of the firm for greed within the following few months. Paul's still laughing from beyond, I'm sure, because that's exactly what he used to say would always happen) :)
I know we are all highly taxed,.. but the UK is not a huge country - it sometimes makes me wonder where all these billions to splash around comes from.
Heres the thing - is it fraud or inability to understand complex contradictory rules? I'll happily call it fraud if only folks with expensive lawyers benefit. If its pensioners, benefits recipients and the general public then its a systemic issue and not fraud at all.
The tax system is purposely complex to allow for those with money exemptions from coughing up. Large corporations especially should be told that if money is earned in the country pay tax instead being allowed to record running at a loss to avoid paying when it’s known they’re making money.
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.
YES!!! That's exactly her name (Lucille Friedman) so many people have recommended highly about her and am just starting with her 😊from Brisbane Australia 🇦🇺
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds......... But Lucille Friedman, restored hope shes a good woman
You said 'knew' a lot of the time but only the word 'accountability' once. We have a system where directors of limited companies have little accountability. Court cases take years and are extremely expensive. The police won't even allow an individual to report a case fraud unless the amount is over £100k, they just tell you it is a civil matter despite dozens of victims being defrauded of £millions. Why don't the gov use debt collection agencies and pay them a %age for recovery? Often there is no money to recover because it has been spent or transferred to someone else.
It is a potential possibility, am thinking this may be on the agenda.. It seems authoritative steps such as looking at bank accounts, these could very easily abused if the law and regulation/ oversight (etc) is not proper... However- can tell this is threatening a lot of people who have been taking the mickey, from the medias bias and presentation of the idea.
If they used BSV blockchain for payments they could reduce that amount by a significant amount absolutely outrageous they don’t care enough to do something about it !
This is so true. How I wish there was a local tax office right now so I could actualy get advice and help from a knowledgeable human. Currently, the computer says no no matter what I enter into it's question boxes (especially regarding who I am - I mean, they operate a system that won't accept I'm me and trying to pay tax! That's stupidity paid for by public money under the auspices of value for money for the tax payer?!). That's Neo-Liberal values for you.
Virtually every day I receive scam phone calls. This has happened for years. Recently, I frequently get scam emails, too. One or two have nearly caught me, as they were very convincing. I feel sorry for the people who get caught by these scum.
So I just saw that our welfare bill is 48 billion. So if we catch the fraudsters, then we can afford the welfare bill without any further increase in taxes? Or am I getting my debits and credits mixed up?
can i just add that almost every body on welfare spends the money ,putting it back into the economy. the high level fraudsters ? not so much . also we cant afford to not have the welfare bill .
Yes, if we could drive out all the fraud we would be able to reduce taxes AND spend more on important areas that are currently underresourced like the criminal justice system and social care. It's unrealistic to expect to be able to drive out all the fraud, but you have to try to do so, otherwise you will never get close to doing so.
I agree that honesty needs to be instilled in children when they are young, and as they become young adults they need this to be reinforced so that they will become honest members of society. Part of this si that they need to see people who are dishonest suffering as a result. If they see that dishonesty pays handsomely, then they are likley to be drawn into being dishonest.
I worked for HMRC in the late 80's and I dealt with local self employed people/businesses. You're bang on to say that you knew who was trying to pull a fast one and who wasn't. 80% of people were decent and paid their fair share. 10% skimmed off the top as they say and the remaining 10% took the p*ss. One contractor I met face to face screamed in my face about how little he turned over blah blah and I watch him leave the office and jump into a brand new sports car FFS! The system is screwed and HMRC are incompetent. Take a look at the Loan Charge debacle. Thousands have had their lives destroyed by HMRC's retrospective taxation built on a lie resulting in 11 people taking their own lives. Imagine that....our government have no issue with ordinary taxpayers killing themselves, going bankrupt and losing homes to grab a few quid despite billions walking out the door due to their own failures and mismanagement.
Your story is appalling. All the judges and most lawyers then were public school old tie. Today the law reporting is very good and a judge wouldn't get away with it. The younger lawyers who came along were also a lot better. The problem is that since 2011 the Tories closed over half of the courts which led to impossible delays which produces its own injustices.
Yes, one of the First things the Tories did with Austerity was close all the local Tax offices back in 2010ish. Little wonder white van man loved the Tories. One of many things that broke our Economy, and raised a middle finger to "we are in this together".
This ought to be said to a Parliamentary Select Committee (televised).
You'd be correct if peoples fare share was fare in the first place.
It's like saying I line up every morning for a kick in the nuts but this guy found a way to avoid it so now you angry.
The Tories didn't do anything about it because they knew who was defrauding and many of them voted Tory. Crack down on their voters? Never!
This makes me so angry and leads me to believe that our politicians are complicit in this fraud hence why they don't want to tackle it.
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one
The new government may or may not begin to tackle it, we shall see, Am thinking positively.
Why would they dismantle a system that enforced tax liabilities?
Why would they also not have a reporting structure for fraud?
And:
Because they don't want to know..
..
This also allows the undeserving enrichment of people not entitled to public money.
The UK Government incompetent or corrupt? Or both? Yet again you are so right.
UK government are definitely competent, just not when it comes to running the country or understanding how government finances work. They're competent at skimming and scamming from the nation whilst blaming those least able to fight back.
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one
The new government may or may not begin to tackle it, we shall see, Am thinking positively.
Both incompetent and ceorrupt! (too early to make decisions so early with Keir even with the bad, because 14 years of entrenched establishment and powerful lobbies and interests are involved and fearing being outted), why the media is/ will turn on him often if they can otherwise will concentrate on promoting reform/ tories, to get more power, remove from ECHR, bringing in a type of fascism, which will likely result in conscription and w4r . Kind regards.
If a Government dies sense a responsibility to the whole nation beyond their own term of service. If a government is collectively narcissistic, then incompetent and corruption is inevitable.
@charleswillcock3235 - It's not just this Labour government. We have had incompetent government after incompetent government. We've had poor governments and poor governance stretching back years and years. This is far from being a new thing.
Not everyone is corrupt and I believe the vast majority of Govt servants are honest.
The UK has a class of people who are “born to rule”, enjoy impunity and can access public funds which they have done for centuries.
You spelt s*um wrong!
Not just the UK but all over the world.
The USA is tops for this😮
UK is an aristocracy. We like to pretend aristocracy is history. Meanwhile Boris Johnson, famous buffoon and NATO errand boy, is an aristocrat. As was Churchill. And those who aren't aristocrats are servants of those who are. UK has a feudal era class system. And an industrial era class system laid over top, as described by Marx. Like UK, US is an oligarchy and a plutocracy - rule by a few rich people - but it does not have the same feudal baggage, notably as we return/advance toward 'techno-feudalism.' I can tell UK is going to be a world leader in that category
Why do I get the impression that the dismantling was deliberate
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one
A bit like austerity.
Tony Blair
@@paulgibbons2320
Who?
One only has to look at policies and expenditure for COVID to realise the Political part of Government were enabling wholescale fraud and personal enrichment to realise why you can't always expect Governments to actually put in place sufficient resources in combating fraud.
In 1962 at Bath Technical College I sat through the Bath Court proceedings. Two labourers had taken a motorcycle gone around the block & returned the motorcycle. They were given a two year prison sentence. We had a Public School Boy who commited a long line of frauds with a series of unpunished offences before this. The Judge sighed shook his head then let him off with no sentence of any kind. It is a pure expression of our Class Society from working around the world I can tell you is the worst in the world. Possibly India is worse?
This bias goes way back in history.
The
Wine merchant involved in the peasant revolt
Got a pardon while all the other perpetrators got hanged...
We should just refuse anymore tax rises.
Until government respect the obligations of high office.
I reported back in the 1980s about south Wales magistrates fineing garage workers twice as much as office staff for the same offence.
Nothing has changed
That’s why I left uk for USA. When I was at Oxford it was made clear to me my class would still define me even with the degree.
Ha ha ha!! The example you give to prove your opinion is over 60 years old!😂
Many years ago I was involved with contracts being issued for various refurb jobs for the public sector. I questioned why the bids were as much as 20% higher compared to private sector. I got a shrug of the shoulders. Years passed, I moved jobs and happened across one contractor and asked the same question. Well, says he, what has to be factored in is my efficient use of my workforce and planning for the job that gets screwed over by Council Officers. There's the constant changing of plans, the movement of job start dates, the failure to find the right person who has keys to premises and assessors with the wrong paperwork/none who order the job stopped until they get themselves sorted. I add 20% for their waste of my time.
This is where your taxes go...incompetence.
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one
The new government may or may not begin to tackle it, we shall see, Am thinking positively.
A bid system is inherently inefficient and costly. If you have to make ten bids to win one contract, you have to build ten estimates into the price. Most large contracts are won at below cost- the profit is on the poor specification of the job- lots of extras. Ten billion for an IT system for the NHS is bad- that it had to be abandoned because the spec did not meet the need is worse.
So he bases his bid on something that hasn't happened yet? Bollocks...its a scam and you know it.
The bigger the client, the greater the friction, the greater the risk, the higher the charge
I was a electrical foreman involved with working with local London councils in the early 80s
I totally agree with what you said, and strangely enough the Labour run councils were the worse
This is such a no-brainer. Imagine how much kudos a government could get if they were shown to be effectively tackling this.
Absolutely!
Not from their paymasters.
That's the reason Xi Jingping has a 90% approval from the people. He stamped on corruption and I mean stamped. They say the invoice for the bullets were sent to the families of those found guilty. Just recently a very powerful CEO was jailed for life and he's not alone.
Yes but then, government couldn't raise taxes because the people would say, your incompetence and wasting money, go find some savings...
..
All this about a 22 B black hole is just nonsense..
There are so many ways to avoid what is due..except for PAYE...
In computer security - some say "if you business spends more on coffee than security then they are going to get hacked.... and what's more - you deserve it!!"
When my brother was dying of cancer the DWP were far more concerned looking for fraudulent benefit claimants than wondering why many companies will never pay corporation tax post 2008.
The governments own figures have shown that Benefit Fraud has consistenty been at
Its the classic productivity mistake of implementing a top down organisation and IT restructure to replace people, for 'cost savings', when IT should have been deployed to enable the existing 'bottom up' structure you experienced in your early career Richard. Sadly typical of most British, public or private, improvement programs, which we seem to be incapable of learning from.
People weren't listening, Was trying for years to bring attention to all of this. Minority had learned and but is leaving/ left here.
There is a mass now of traumatised people that will look to support the right/ fascists. This is the biggest issue Britain is facing by a long mile.
Wasting billions to mkae a few million for themselves....they are not even competent at crime ,
h4ng about :)
Corruption is SOOOO... cheap in the uk. The car driven from the payment might be 10x the value of the "donation"...
@@nickthurn6449 A lot more than 10x! The benefits that are gained through the damage corruption has and can cause here could be as much as BILLIONS being made for a 20k donation!
@@nickthurn6449 It is pure and utter greed, arrogance and lack of integrity, humility etc. Basically, the modern tory. Let's be honest...
@@Misaki.Manifestationwhatever you characterise it as its cheap. You might want to think - why is it so cheap?
Ludicrous that Rachel Reeves "had to" cut the Old Age Pensioners winter heating. Who does she think she is conning? Absolute peanuts from a national perspective.
What's that gotta do with fraud? I look after my neighbour, he wasn't bothered, like a lot of old people, he knew the value of saving, he also had a good working history, and concomitant pension. If a pensioner is in receipt of pensions credit then they'll automatically receive it, therefore nullifying any idea that poor old computer illiterate pensioners are going without. With the triple lock, and frankly, intensely selfish voting in of Tories for donkeys years, and the rise in housing market this idea of penniless pensioners is a myth. The block I live in, in a very deprived part of a northern city is over 45's, mainly retired, the older folk are far better off. It's people 20 years my junior who can't afford anything, who are paying ever increasing amounts in rent etc.
Wondering if had to try to show some evil people that they are on their side after lying and manipulating media moguls, its not easy, Keir has/ had to play the game. All very interesting and tricky to decipher their plan and intentions. They are much smarter than the previous government and the media moguls, etc. Lets try to think positively and enjoy the show. ! Love
@Misaki.Manifestation always good to try and think positively however don't forget it when people lie on their CV. That's basic , absolutely basic and to me unforgivable.
@@Misaki.Manifestation Please don't tell me you think Starmer is playing 5D chess and that, in time, the membership can "push him more to the left!" Starmer lied his head off to get where he is and because people were so desperate to get rid of the Tories, they voted Labour anyway! Now we have the result! A party that is one of the most hated in history after only 5 months. A party that has chosen to pick on pensioners and keep kids in poverty. A party that is busily privatising the NHS. A party that is keeping austerity. Please don't be so naive.
@@stephendavis5530 Maybe they could not go straight to the heart of things initially due to such entrenched power due to the tories and what they did.
Am agreeing with you, and am going round in circles trying to decipher truth...
Am with you brother. Lets (all) do our best to try to amagine a more beautiful and hopeful future !
We are on the same wave length, am would love to hear more knowledge and speak with those that know, and care like we do
A great take on a v important subject. I hope Rachel Reeves sees this👍
Do you seriously think she would understand the topic of this video ?? and then have the little grey cells to act on it ??
Yeah...maybe she will lodge a complaint?
Love to know how much of Scotland's wealth has been wasted , that would be a brilliant video Richard.
All of what we don't get back Stephen. HS2, The Garden Bridge etc etc. 🏴
@ruthguthrie1099 all the oil and gas money , Billions in whisky 🥃, tourist money , we only get 1/12th of our money back.
@@stephenkelly2779 Scotland probably gets about 50% of its money back. At least 50% of the money Westminster "say's" Scotland contributes. IF we had total honesty from London and a reasonable economy from Westminster decisions Scotland would not actually need independence but since we have had neither of those things since the "Union" came into being Scotland needs independence NOW.
Wed probably cry if we knew the truth ...
A load of rubbish on all accounts. I worked in the oil industry up in Scotland back in the 80s. The American teqnology and investment was required to build the oil platforms and their experience. Labour mostly came from around the UK.Taxes and WW11 debts were paid off from the revenue and the remainder to pay for UK loan debt from the Bank of England etc. Before the oil boom of the late 70s Britain was in dire straits. Scotland could not survive without the UK economy and major oil contracts being awarded up in Scotland to the oil fabrication company's.The Scottish Government have a checkered history since devolved powers it's had in Edinburgh.iI's had control of the NHS, Capital spending and revenue collection. This is why they lost a general election and most SNP got booted out of Westminster Parliament. A complete waste of time and a corrupt party. Nicola Sturgeon and her husband for one. At least Alex Salmond had the balls to call his party out. RIP.@@scottyfive4319
High profile tax fraud and the offshore shell game, period. 😡😡😡
Offshore tax fraud is inherent in the system. It could be solved at a stroke.
The real rason the ERG group within the Tory Party pushed for Brexit to happen. The EU introduced new rules around offshore finances in the run up to the Referendum.
@@michellebyrom6551
Membership of the EU, and the EEC was a bone of contention in Britain for decades. There was little support for joining and people voted to remain in 1975 because there was a widespread feeling that it should be given a fair chance and could improve. Unfortunately it never has.
The ERG was never as influential as you imagine.
There are two reasons for this, first, they don't care, second and more important, they, their chums and their backers gain
Well they DO care, if the system is lax and allows for "errors"
Thanks Richard- another great video.
Michelle Mone is such an inspirational figure who should be left upon her immaculate pedestal.
Hahaha they can't escape their Karma 😉
@Misaki.Manifestation
Stier Karmer?
@@soutteruk1 No one can, and it is very hard to decipher this governments true intention underneath the neoliberalism lite... They may be ... trying to change by being manipulative because they have to deceive the media and entrenched power. Lobbyists, insitutions etc etc
Heard the Government is to set up a Covid corruption inquiry....the lawyers can order that latest Tesla....M.Mone can breath a sigh of relief now it is out of the hands of the Police...and finaly 'lessons to be learnt'.
Tip of the iceberg
Your videos just get better and better. You’re just saying what we are all thinking and what we can all see.
Please do a video on Freehold and what a scam that is!
I think you mean leasehold. That's the scam.
I think you are mistaken. Leasehold is the problematic land tenure, not Freehold, which is held free of any charges to a landlord and can only override by The Crown. Not knowing that is strange, as anyone buying a home would know the difference. And it leasehold is not a tax, but rent for the right to occupy and use land for a limited time. It's a form of subletting a freehold owned by a landlord. Is it a scam? Not really, if the costs are fair. But the lack of mechanisms to challenge assessments and to ensure that the landlord fufils his obligations under the contract creates the possibility for extortion. Also, the sums demanded to extend or renew leaseholds when close to the end of their duration can be onerous, and are not open to challenge either. But should leasehold be dispensed with, or should it be reformed or replaced? These are reasonable questions, and they have yet to be tackled. Property rights are a tough nut to crack, because it is potentially amending principles of ownership of land, the most protected form of property everywhere. Good luck with that.
@@CuriousCrow-mp4cx Freehold is when someone owns an entire property. Leasehold is when you own the property on the land, but not the land itself. That’s owned by a landlord charging an annual rent, for doing nothing, rent which increases once every 10 years, and landlords often double the rent! That’s a scam.
Great videos..keep it up..I've subscribed... governments have a fundamental responsibility to keep track of taxpayer's money..
Direct intention and these types of people are generally low IQ, so obvious incompetence, and traumatised from being groomed for Politics to serve wealthy elite.
Why did boris decide to rush brexit when he did?
He needed a 6 month grace period to end before EUs new bank laundering laws came into effect….
As previously commented, if the City of London hadn't wanted brexit, the narrow Leave victory would have been characterised as a freak moment or aberration (as it's now proven to have been) and a way to overturn it pursued with greater effect.
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one
The new government may or may not begin to tackle it, we shall see, Am thinking positively.
Brexit also was too easy of a fast one for them. It is concerning how gullible and unaware too many English appear to be nowadays. No judgment or offence intended. Unfortunate truth that is not seeming to change much, if you see how popular the reform/ tories are already after slight counterattacks from the establishment/ hegemony and pals in the media and institutions.
@@indricotherium4802do you think the Brexitus result was an aberration then?..
I think with hindsight, a minimum ~65% majority threshold would have made the vote more decisive.
48/52 is not decisive..
@@stuartd9741 : yes but an aberration in the sense that on another day a month or two earlier or later and with a factually informed debate and a better referendum question, the result would have been different. Arguably even having the referendum was an aberration - mountains were moved to block the occurrence of a second one.
This is why I believe that the UK’s GDP is greater than calculated. From my experience everyone I know is working harder, producing more, but their incomes have not increased proportionately. Therefore, the low rate of productivity is not due to workers being unproductive, it’s due to money evaporating from the economy. Some of it is syphoned abroad, often through shell companies and tax havens, due to the UK’s lack of capital control, and some of it is pocketed and not claimed as income or profit to avoid tax.
that makes the "£20 billion black hole" seem rather moot
Thanks Richard for some plain common sense. I did accountancy when I was young. I have believed for a long long time that both national and local government lose and waste a great deal of money. Politicians and civil service staff are too slack and what money they recover tends to come from petty offenders who are easier to catch.
When a business magnate openly confesses that his cleaner pays more tax than he does it speaks for itself doesn't it.
Many of those caught by DWP when examining bank records have what the HMRC sees as too small a business to declare for income tax purposes.
Which business magnate?
@JaneAustenAteMyCa
Take your pick,
they're all at it.
And hence why the lack of fraud reporting..
This points to deliberately contrived chaos or to put it another way "in chaos there is profit" and to be blunt the more chaos there is the more fraud goes undetected, there has been no such thing as "doing the right thing" and paying what you owe.
For lost of VAT and PATE, there should be a system in place to prevent it. Centralizing all the receipt issuing with VAT tax, withhold the VAT through card/bank system, all these could help. In Taiwan, they have lucky draw on the VAT receipt to encourage people to paid in electronically rather than cash to avoid that VAT.
Taxation is theft. With menaces.
Unfortunately removing cash from the economy, which will happen in your example, harms huge numbers of society. People in abusive relationships are often controlled by money, cashless systems enable abusers to track the victims movements. Mentally disabled struggle to manage their finances when everything is digitalised. Those with low incomes find it easier to budget when they use cash. Homeless people would struggle even more without people giving them cash for food and warm drinks.
There are better, more society friendly methods of ensuring tax is collected fairly with working anti fraud systems over viewing that process.
good stuff
@@kevbrown2532 good stuff
@kevbrown2532
Removing cash = austerity = strangling not just the economy but the country entirely?
When I worked in IT, before I retired, I asked one of the senior project managers why government software contracts had such poor outcomes - financial over-runs and ineffective / unusable software. He was quite clear: they keep changing their minds after the work has started so eventually they finish up with something very expensive which is almost useless.
If government was a Companies' House wold be after them. No wonder you say they do not govern. As a retired counts office manager and mentor of several generations of young accountants, I totally agree with your summation. I also had an uncle who was in charge of a local tax office. He was an ex WWII petty officer and was a legend locally for fairness, but was as straight as a die with people.
Good men ! Thank you for your service. May the government keep the cabinet stocked full of good men such as ourselves- those with true golden intention and the highest levels of competency in their specific roles!
So I have been fleeced with all the taxes imaginable and paid every penny due over 44 years of working, yet these tosssers get away with it. I’m sick to think I would probably have enjoyed the fruits of my hard work much more had I broken all the rules! Sickening
As you say, you have to want to know. That sadly, is the last thing crooked politicians and their cronies want to know, because the focus would be on them.
Exactly!
Is the 2/3rds the privatised parts of govt such as the NHS , Education , prisons , immigration and ofcourse the MOD
I agree with everything in Richard’s presentation. It is perfectly acceptable for a business to reduce its tax liability. A good accountant would keep the IR advised. I’ve never had a problem with the IR.
As I understand it, HMRC use very good heuristics to spot abnormal behaviour and to investigate it.
With the advent of affordable AI, i would expect it to be applied to finding fraud.
I think we also need to look at what sort of fraud it is. A person on benefits who does a cash in hand job once in a while, is a different level of fraud to someone making millions out of thousands of claims as a business. Someone living a millionaire lifestyle on the back of fraud versus someone living on next to nothing.
the people defrauding this government are heros who should be praised and emulated
If there are critically placed interests driving a nation irresistibly towards corporatocracy, what is the chance they would simultaneously fine tune to ensure an intelligence-based and highly efficient tax collection system also operates?
Impressive wording
I contacted the serious fraud office and there just not interested in any investigation under 10m that’s how busy they are, but this is not recent its been like that for 20yrs so why is it not 10x larger ? Now Imagine a private company given a license to investigate and fine fraudulent persons or companies and a power of seizure i bet it could stop and capture a large portion of the problem.
The business is taking money not being accountable.
Fraud covers a lot of activities, many of which cannot be dealt with by a tax officer.
Tax officers are like the police. They have specialists and employ forensic accountants. Thus, the nose for problems often proceeds the brain for detangling them. You need boots on the ground to do inspections and to know both the accountants and the businesses. And the tax inspectors should be highly trained and highly resourced too.
We could have had a tax reduction rather than a budget taxing us by £40 billion more !
What you say is so true, accountabilities are needed in government most of all. Councils not posting accounts on time and now this, we should be saying, these two areas must be resolved as decisions are made on tax that should be verified before the public pays for politicians' whymms
We think positively and try to bring things in the right direction by doing whatever we can!
Nawww, coz the taxpayer will bail them out again, and again, and again!
Things changing.
@@Misaki.Manifestation They certainly should.
@@tlangdon12 The choice is above the silly choices of weak and cowardly men who trade love and connection, for money, status, and powerfully ill health.
I don’t believe anything anymore, even the light at the end of the tunnel is on back order.
I've seen something similar in adult education locally. The council used to have part-time "community champions" across the city who knew their community and would help connect people to the services they needed. We had waiting lists for our Maths & English classes. That all stopped, and they were replaced by a central team of four full-time people, soon reduced to one person. A lot of local people were angry about it, and the central team/person couldn't possibly know all the communities like the champions did. Now us tutors are expected to do recruiting (which isn't in our skillset) and we struggle to get enough learners to even run the classes, while people who could really do with those skills don't even know that the council provides the service at no cost to the user. So short-sighted.
I would think it would be much better if politicians had accountability and had to answer for their decisions
If Starmer doesn’t quit by January 2025, Labour is finished!
Thanks Richard. Those of us who pay Caesar what belongs to Caesar have a clear conscience and don't need to look over our shoulders. Sadly, altering structures would reap tax rewards, yet this, as you state, is not a priority or undesired. How refreshing it would be to have a modern government that governs and not this perpetual medieval relic of a system. Surely, rather than bear the load, eventually, some that would be honest will turn to the dark side. Then where will we be?
If you combine this with the annual losses incurred by Brexit, then the UK is losing more money each year, than any other country on the European continent; by a long way.
Have to be honest. It may be time to plan to leave here just because the media influence over the masses is too effective at manipulating the disillusioned masses into supporting those against their interests - and with dangerous intentions with deadly implications , right now.
There's a much larger picture regarding Brexitus.
Wed be in a similar state of affairs if we were still in the EU..yes goods transport and travelling have been hit, bit business will continue & just add the extra costs to the customer..
I would like to see this analysis of knowledge loss expanded to investigate the impact of high staff turn over on productivity as a whole.
In the “good old days” I used to take my accounts to the local tax office so I could get it right. And the tax officer also helped me to make justified tax claims. Now I often get it wrong, because the online system is complicated and I’m not a wizzkid with accounting.
We used to have Payback Teams in local police stations to fight crime by following the money. Now we don't have local police stations but we do have regional hubs... 🙄
Normal government incompetence. Corruption has been industrialised in the UK (and most other countries).
If the government is susceptible to fraud, then it indicates that they have no capacity to make effective policy! But then we need to get to what is the government and how is policy made and by whom? What it’s telling me is that government does not have a due responsibility to, or dependence on, the people, which is a requirement for effective government!
I disagree. The potential for fraud isn't dictated by policy, but how the policy is implmented. It seems that neither the goverment nor the civil service has been paying attention to the prevelence of fraud, and don't know how to implement policies in a way that prevent fraud from the outset.
@
You have to make effective policy before you can implement effective policy, and there must be feedback control to change the policy to more effectively achieve the purpose. Furthermore, the policy is implemented as those who make the policy determine, those are not two separate, and independent, functions, that’s why it says in the Constitution of the United States that the President “shall take care that laws are “faithfully” executed, which doesn’t mean that the laws are implemented in a manner that suits the President, but in a manner intended by those who made the law, and if the President, or the executive department tasked with implementing the law, does not understand the intent of the law or how it is intended to be implemented, the they must ask Congress for clarification, then once that clarification is provided those policies are implemented as instructed!
Government must be single purpose, there cannot be different departments working at cross purposes to implement their own agendas!
By the end of the tax year 2024/5, the UK Exchequer will receive around £1 trillion in taxes, but will spend around £1.1 trillion, a current deficit of £100 billion. So the National Debt gets even higher, year on year. It's a simple fact that any business which deals in cash is more likely to be able to engage in fraud than one where transactions are done in the form of BACS and money transfers between suppliers and customers, where traceability of the accounts is far easier.
I think the level of cost for insolvency, both personal and corporate, would shock people.
At the end of the day, the state is ultimately responsible for all private sector default resulting from bank lending.
It’s all about priorities, when it comes to benefit payments they appear to know the exact fraud figures!
They also know the extent of this mysterious economic black hole!!!
It's not about collecting more taxes overall, it's about making sure some people currently paying their taxes pay less. Collecting more taxes would actually be bad for the economy because too much money was removed from the economy
Their own fraud
And that's fraud you know about...
More importantly why don’t the mainstream media report on this and hold the government to account via public debate???
It's called the uni-party.
The media is effectively gagged from reporting anything that isnt already approved by 10 going down street.
Companies always tend to overlook the value of individuals' knowledge and experience.
That is because the managers aren't trained properly or incentivised NOT to overlook the human resources at their disposal.
Does this fraud include our fraudulent immigrants and their associated costs? Does it include foreign aid and basically the backhanded that provides? Does it include our fraudulent bankers and their subsidiaries?
All I can say is that the last few videos you have posted indicate that we are being governed by political parties and a civil service that are completely unfit to look after the nation in any meaningful way this fact fills me with dread as to what the future holds for us collectively
Politicians and civil servants are just the foot soldiers to those who really run the country and syphon away our wealth.
Similarly here in Paris, the Spanish mayor would spent millions on ugly cardboard printed "artwork".
Thatcherism again. That witch was responsible for so much harm.
We would better off with the iron lady today no more illegals that's for sure they would go straight back to France thus saving about £ 7 billion overnight.
Good God when will you people ever move on from Thatcher?
@@EvoraGT430
Never. People should learn from history, not forget it. Perhaps you weren't directly affected by her governance but many of us still alive today were.
@@EvoraGT430 Not a case of moving on is it, she caused so much damage we're still seeing it now.
@EvoraGT430 when her project is no longer part of our day-to-day life
The daily mail is forever banging on about benefit fraud and, for some reason, is not at all concerned about tax fraud despite that chasing after tax fraud would collect 4 times more back to the coffers.
Real focus on fraud and taxes on wealth would transform UK Public SERvices and lift tax thresholds!! National Audit Office needs strengthening and used more frequently. Audit commission to return to audit Council Taxes!
Offer the private sector 10% of recovered fraud money (£6bn) & all the access to systems they need to investigate fraud. Job creation, a deterrant to those undertaking such fraud & no cost to government. Look at how lucrative private parking companies are.
It's been ridiculous, in your face levels of corruption for many year hasn't it, Britain has not many real eyes, and but too many "I's", "Me's" and "My's", etc! Too many uncaring now, too many ego's and low vibrational energies within masses of people , unfortunately :(
They had planned it before they got in. Jeremy Hunt and some MP's before being elected and into the cabinet even wrote a book, advertising the NHS to US health corporations. It was a set up, with bad intentions from day one
The new government may or may not begin to tackle it, we shall see, Am thinking positively.
Thankyou for your videos. I find them really informative 👍
I feel also that it is important to have a quality qualified with integrity and responsible to carry 7:34 out the Economy of the country and for that reason we need an efficient Accounting Department to control the Economy.
Define fraud. The wealth transfer facilitated by subsidising non existent markets. e.g. subsidizing the buyer to make the purchase more attractive , subsidizing the manufacturer to produce, artificially creating demand. Remove the subsidies and the demand collapses but someone has made money at the tax payers expense.
Facts. Playbook of corruption and indecency. Karma is getting them all now, and they are becoming more and more afraid, and the masks will slip.
The rot was epitomised by Cameron using the word efficiency to mean austerity. Austerity was (and is) inefficient by its very nature. Cutting costs means stifling investment and usually reducing service or quality. Centralisation also kills local service and economies of scale often mean reduced service. We need a larger state.
The gov makes 1 trillions in taxes every yr thats 1/3 of the uk annual GDP!!!!! HOW MUCH MORE MONEY DO YOU NEED? wtf ?!!!
Government can’t spend gdp that is company profits your wages etc it as around £1.2 trillion to spend , nhs n dwp take £500 billion doesn’t leave much to run a country
There seems like a lot of things you worry about...
Given that all money flows are now trackable and traceable, the fundamentals of a companies accounts should be verifiable.
Another step is to make directors personally accountable for any unpaid tax from collapsed companies- would concentrate the mind...
Making the director liable for all the debts of the business (not just the tax debts) would be a better arrangement.
@@tlangdon12 That would defeat the principle of limited liability companies. What makes tax debt different? Debt to the government is the only type you can go to prison for...
@@Tensquaremetreworkshop While making the directors personally liable would defeat the purpose of limited liability companies, I envisaged that they would be liable for the debts when they were culpable, and not if the failure was caused by something beyond their control. If directors are allowed to behave in a reckless, cavalier fashion they will do so. There has to be a sanction.
This is going to be unpopular. Fraud is not a behavioural problem. It’s about identity and values. Tax raising implies we are participating in contributing to a Nation State. If you are proud of that state if you feel confident in your leaders, if you have children and want their lives to be better then imo you are more likely to pay tax voluntarily. If not why should you? Only through coercion. The cost of coercing a population effectively will cost a lot eating into additional tax raised. In the end coercion will always fail.
Further, unless one adheres to some form of personal standard about accepting that it is your responsibility to pay tax voluntarily then society fails. Not everyone but I suppose a critical mass. In a secular society that is cynical about ideas of national building there is no framework for developing ideas about responsibility.
This does not mean we don’t help those that can’t help themselves. In fact collecting the tax demanded should allow for a more secure social safety net.
Wow., The issue is, all the good men are here and were nowhere near the previous government.
And what I find strange.
We are supposedly a civilised country, based upon
_the rule of law_
..
Most people are civilized and pay their taxes.
But if some people & businesses can "game" the system to pay little or no tax then why should we?
..
In S
some severe government policies, like the poll tax or the fuel protests of 2000s clearly indicate how disenfranchised people felt.
For fraud, read corruption. 👏👏👏👍
The system working as it was designed to.
@@bakakafka4428
Designed dysfunction, inherent obsolescence ... why bother in the first place?
Paul Hawes, a late friend, used to take a daily walk around the company he worked at as head of IT. By doing so, he said two things happened: the IT system he managed will always work because he heard the complaints of the staff at the sharp end; the second was everyone knew he was approachable.
His point was exactly as this video states: you can not put a value against physical human presence in any system (especially IT in his case). He and his small coding team took a genetics business that was loosing millions a year undertaking genetic testing for agricultural screening of disease to one making millions profit in under 3 years by designing a system that worked for every part of their process. It was a pleasure to watch and see at work.
(For completeness, the idiot management lost the corporate advantage in about an hour due to their vanity - a single photo shoot of the labs, which none of the IT or lab staff knew about or approved, meant the world saw the exact equipment spec. The parent company sold asset parts of the firm for greed within the following few months. Paul's still laughing from beyond, I'm sure, because that's exactly what he used to say would always happen) :)
Love this - due to their vanity and greed. At the moment, good things are happening to god people, and vice versa ;)
Lets enjoy the show!
I know we are all highly taxed,.. but the UK is not a huge country - it sometimes makes me wonder where all these billions to splash around comes from.
Then there is the Ministry of Defence. Scratch the surface there and how much do they waste, let alone the right offs.
Heres the thing - is it fraud or inability to understand complex contradictory rules?
I'll happily call it fraud if only folks with expensive lawyers benefit. If its pensioners, benefits recipients and the general public then its a systemic issue and not fraud at all.
The tax system is purposely complex to allow for those with money exemptions from coughing up.
Large corporations especially should be told that if money is earned in the country pay tax instead being allowed to record running at a loss to avoid paying when it’s known they’re making money.
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.
How please
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Nothing to see here it's people on benefits or boat people 😊
Makes the black hole of 22 billion look small
You said 'knew' a lot of the time but only the word 'accountability' once. We have a system where directors of limited companies have little accountability. Court cases take years and are extremely expensive. The police won't even allow an individual to report a case fraud unless the amount is over £100k, they just tell you it is a civil matter despite dozens of victims being defrauded of £millions. Why don't the gov use debt collection agencies and pay them a %age for recovery? Often there is no money to recover because it has been spent or transferred to someone else.
It is a potential possibility, am thinking this may be on the agenda.. It seems authoritative steps such as looking at bank accounts, these could very easily abused if the law and regulation/ oversight (etc) is not proper... However- can tell this is threatening a lot of people who have been taking the mickey, from the medias bias and presentation of the idea.
If they used BSV blockchain for payments they could reduce that amount by a significant amount absolutely outrageous they don’t care enough to do something about it !
SIXTY BILLION POUNDS A YEAR ??? Just how much are those M.P.s paying themselves ??!??
Look at all the taxpayers money wasted by the government. Baroness Mone remember her ?
She was low hanging fruit as there was far more stolen money hidden behind her scandal to deflect away from it.
Surely it's not mismanagement but malmanagement as in malignant management.
This is so true. How I wish there was a local tax office right now so I could actualy get advice and help from a knowledgeable human. Currently, the computer says no no matter what I enter into it's question boxes (especially regarding who I am - I mean, they operate a system that won't accept I'm me and trying to pay tax! That's stupidity paid for by public money under the auspices of value for money for the tax payer?!). That's Neo-Liberal values for you.
All company directors should have a unique number so that all directorships are searchable on companies house.
Self imployed declarations are basically an honesty box.
And that’s every employee paying their Tax via PAYE who is paying the price when it comes to HMRC.
Virtually every day I receive scam phone calls. This has happened for years. Recently, I frequently get scam emails, too. One or two have nearly caught me, as they were very convincing. I feel sorry for the people who get caught by these scum.
Digital identity would sought it out but it cuts into your liberty .
pfi cost more than that...
They can't be losing any tax revenue under MMT though can they?
Tax isn't revenue, if it's destined for central (not local) government.
True, but it is adding inflation due to not being cancelled out on its return to the government.
So I just saw that our welfare bill is 48 billion. So if we catch the fraudsters, then we can afford the welfare bill without any further increase in taxes? Or am I getting my debits and credits mixed up?
can i just add that almost every body on welfare spends the money ,putting it back into the economy. the high level fraudsters ? not so much .
also we cant afford to not have the welfare bill .
Yes, if we could drive out all the fraud we would be able to reduce taxes AND spend more on important areas that are currently underresourced like the criminal justice system and social care. It's unrealistic to expect to be able to drive out all the fraud, but you have to try to do so, otherwise you will never get close to doing so.
Go to any FE college and count the students, then look at the register.
I agree that honesty needs to be instilled in children when they are young, and as they become young adults they need this to be reinforced so that they will become honest members of society. Part of this si that they need to see people who are dishonest suffering as a result. If they see that dishonesty pays handsomely, then they are likley to be drawn into being dishonest.
Heating allowance and inheritance tax saved 2.5 billion solve this seems important
And thats just the politicians and Whitehall 😂